People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.
First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.
First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.
The Jeff Scofield Team RE/MAX PLUS 2171 Monroe Avenue Rochester, Pittsford and Brighton, NY 14618 585-721-3010 585-730-9110 Email: BuynSell@Rochester.rr.com
As one of America's NUMBER1EXPERTS� in the Rochester area, Jeff has a passion to ensure that his buyers get the best home at the best price. His utilization of master negotiating skills, extensive knowledge of the local housing market, and attention to detail have successfully served hundreds of buyers. Jeff utilizes his MBA in marketing to successfully market the homes of his sellers. His marketing system provides an unequaled amount of advertising and exposure for his clients' homes along with sound advice on presentation and price. Call or e-mail him today!!!
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